Hato Rey

barrio (foreground) and Hato Rey district (background), 2022 Its name means "king's cattle farm" (hato). In the 18th century, cattle would roam among the sugar cane fields in the area. Its proximity to residential areas such as San Juan, Río Piedras, Miramar made it a perfect location from where to produce what its residents would eat. The area also used to be known as Las Monjas (the nuns) due to a convent that used to be located in the area in the 19th century. The Northern portion of Hato Rey is a startling contrast between blight and poverty and La Milla de Oro (The Golden Mile), a stretch that effectively covers only one mile but that is home to the headquarters of many large local and international banks. It is one of the most important centers of Puerto Rico and the Caribbean's economy and many upper middle class condominiums are also located here. Hato Rey is also home to a series of boutiques and restaurants (mostly along Roosevelt Avenue). The José Miguel Agrelot Coliseum and the Tren Urbano metro system have also reshaped Hato Rey by bringing people and business into the area after work hours. The metro system is also helping to ease traffic woes in the area by decongesting the roads. Phi Sigma Alpha fraternity's main headquarters are located in Mexico Street in Hato Rey. The Hato Rey Lions Club, founded in 1955, is located in Alhambra Street, across from the Polytechnic University. Because of its location, many commuters travelling to Old San Juan must drive through Hato Rey. File:Milla-de-oro-min-2.jpg| File:Coliseo de Puerto Rico.jpg|José Miguel Agrelot Coliseum File:Roosevelt Station of the Tren Urbano (2).jpg|Tren Urbano Roosevelt station ==Economy==